| 
March 02, 2023
The highest trading volumes during today's session were recorded by: Terminix Global Holdings, Inc., Umpqua Holdings Corporation, Enel Américas S.A..
Here's an update with information from the last trading session: Leading equity indices in the US rose as Dow Jones gained 1.05% and closed at 33,000. S&P 500 ended the session at 3,981.35 after a 0.76% gain.
Why trading volume matters?
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
Price action was mostly bullish today with some stocks recording abnormally high trading volumes. Here's a recap:
Terminix | 482% above rolling average
Terminix Global Holdings, Inc. outpaced its average daily trading volume (5.37 million) with 25.88 million shares traded today.
Over the past 10 months, the residential and commercial pest control provider has retreated 19% from a noteworthy peak of $46.98. Trending downwards for around 4 months.
Umpqua Holdings Corporation | 1,000% higher than rolling average
The financial holding company is now trading 12.14% below its 3-month high of $21.35. The company's market cap currently stands at $3.83 billion with an average daily trading volume of 2.48 million shares.
Umpqua Holdings Corporation had a compelling day today, with 24.81 million shares traded helping the company surpass its average daily volume by 1,000%.
Enel Americas | 3,026% above rolling average
Today's trading volume peaked at 32.43 million shares, thereby blitzing the daily average of 1 million by 3,026%.
The electric power distribution company is now trading 30.15% above the significant low ($3.88) it slumped to 7 months ago.
— Average trading volume refers to a 21-day rolling average.
